The headlines in The AGE Melbourne says it all. "IT bungles cost taxpayers hundreds of millions"....
http://www.theage.com.au/victoria/i...ers-hundreds-of-millions-20160321-gnn5f9.html
Small extract
"Bungled IT systems that were scrapped before launching, or introduced with major flaws, have cost taxpayers almost $900 million.
The splurge by government departments on faulty projects comes despite repeated warnings in recent years about substandard commissioning processes." ...................
Without too much detail what the AGE article is saying is that incompetent IT companies are costing governments possibly more than a billion dollars because of hapless IT companies
At least 6 IT projects in Vic have been failures and perhaps just as many scattered across the country - dozens more.
These GOVERNMENT Departments should start looking at highly successful companies like HSN that have been totally successful in the last 10 years or more evolving and developing highly successful IT data management technology and methods - scattered across dozens of countries.
Time for REAL accounting processing to start in STATE and FEDERAL governments if they really mean to establish controls over WASTING of $FINANCE$S!
- Forums
- ASX - By Stock
- HSN
- IT bungles cost taxpayers hundreds of millions
HSN
hansen technologies limited
Add to My Watchlist
0.17%
!
$5.77

IT bungles cost taxpayers hundreds of millions
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$5.77 |
Change
-0.010(0.17%) |
Mkt cap ! $1.177B |
Open | High | Low | Value | Volume |
$5.76 | $5.81 | $5.73 | $1.127M | 195.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 886 | $5.64 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$5.85 | 11743 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 886 | 5.640 |
2 | 240 | 5.600 |
1 | 840 | 5.590 |
2 | 1500 | 5.500 |
1 | 2997 | 5.470 |
Price($) | Vol. | No. |
---|---|---|
5.850 | 11743 | 3 |
5.960 | 5617 | 1 |
5.980 | 2000 | 1 |
6.000 | 3697 | 2 |
6.040 | 331 | 1 |
Last trade - 16.10pm 10/09/2025 (20 minute delay) ? |
Featured News
HSN (ASX) Chart |
The Watchlist
EVR
EV RESOURCES LTD
Shane Menere, Non-Executive Chairman
Shane Menere
Non-Executive Chairman
SPONSORED BY The Market Online